Monthly Rent Report
Williamsburg Rent Report — May 2023
Asking rents in ZIP 11206, New York City, from 415 listings.
Median 1BR rent in Williamsburg was $2,750 in May 2023, down 15.0% (−$485) from April 2023 and down 15.4% year-over-year. The middle half of 1BR listings asked between $2,750 and $2,750. That puts Williamsburg $273 above the New York City citywide 1BR median of $2,477. The month's figures are based on 415 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,358 | −$817 (-25.7%) | −$242 (-9.3%) | $2,350 – $3,200 | 9 |
| Studio | $2,875 | −$300 (-9.4%) | +$275 (+10.6%) | $2,356 – $3,450 | 21 |
| 1BR | $2,750 | −$485 (-15.0%) | −$500 (-15.4%) | $2,750 – $2,750 | 1 |
| 1BR | $3,248 | +$13 (+0.4%) | −$2 (-0.1%) | $2,795 – $3,536 | 77 |
| 2BR | $3,950 | −$49 (-1.2%) | −$150 (-3.7%) | $3,463 – $4,250 | 170 |
| 2BR | $4,400 | +$401 (+10.0%) | +$300 (+7.3%) | $4,400 – $4,400 | 1 |
| 3BR | $4,200 | −$49 (-1.2%) | −$650 (-13.4%) | $3,650 – $4,995 | 101 |
| 3BR | $4,750 | +$501 (+11.8%) | −$100 (-2.1%) | $4,750 – $4,750 | 1 |
| 4BR | $4,400 | −$250 (-5.4%) | +$400 (+10.0%) | $4,350 – $6,000 | 5 |
| 4BR | $4,375 | −$275 (-5.9%) | +$375 (+9.4%) | $4,041 – $5,998 | 26 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Williamsburg vs. New York City — May 2023
| Bedrooms | Williamsburg Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,358 | $2,450 | −$92 (-3.8%) |
| Studio | $2,875 | $2,450 | +$425 (+17.3%) |
| 1BR | $2,750 | $2,477 | +$273 (+11.0%) |
| 1BR | $3,248 | $2,477 | +$771 (+31.1%) |
| 2BR | $3,950 | $2,800 | +$1,150 (+41.1%) |
| 2BR | $4,400 | $2,800 | +$1,600 (+57.1%) |
| 3BR | $4,200 | $3,225 | +$975 (+30.2%) |
| 3BR | $4,750 | $3,225 | +$1,525 (+47.3%) |
| 4BR | $4,400 | $4,000 | +$400 (+10.0%) |
| 4BR | $4,375 | $4,000 | +$375 (+9.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.